[QUOTE=crazyeffinjetsfan;2908932]People in this country have finally figured out that buying a new car is the worst investment you can make....I haven't bought a new car since 1994....I now find something a year or two old, clean with 30k or less on the odometer and pay HALF of what a new one costs.
It's the sucker that pays $40,000.00 for a new vehicle and is financially upside down as soon as he rolls off the lot.
If the big three sold decent cars at a reasonable price, they would be fine.
How is it that GM and Toyota can produce close to the same amount of vehicles with Toyota showing profits and GM teetering on bankruptcy?
IMO, these tough economic times are long overdue in order to level the playing field and allow the consumer to take back the upper hand.[/QUOTE]
True, people will buy less new cars because they have to. But that means that used cars will cost more in the future.